LAPP/SAR Underwriter - "Step by Step Instruction"

This class is provided by CampusMortgage®. The LAPP/SAR Underwriter - "Step by Step Instruction" 3-hour webinar is ideal for new & existing mortgage underwriters looking to obtain a VA LAPP/SAR designation. Students will become familiar with the duties of a LAPP/SAR, recognize the requirements and processes for ordering and reviewing appraisals, and delivering Notices of Value (NOV) to the veteran borrower. Students will be able to identify eligible property types, ensure appraisals meet minimum property requirements, review sample documents, common SAR errors and end the class with a test case to reinforce the topics covered.

**Important Notice: This is a how-to "prep" class only, and will not provide you with LAPP or SAR. 

COURSE OUTLINE:

  • Overview of the VA Loan Program
  • Eligible Loan Purpose
  • Veteran Eligibility
  • Entitlement and Guaranty
  • Blue Water Navy Act
  • Funding Fee
  • Credit Standards
  • VA Credit Underwriting Approval
  • Practice Quiz

Price - $495.00 Sale - $395.00

Mortgage Servicing Laws - “The Essentials”

This class is provided by CampusMortgage®. The Mortgage Servicing Laws - “The Essentials” course will teach students about the regulations and regulators that govern mortgage servicing. We will will review different scenarios, which will show how a servicer can be in violation of different acts. 

COURSE OUTLINE:

  • What is Mortgage Servicing
  • Consumer Financial Protection Bureau
  • State Regulators
  • Investor/Insurer
  • Regulation Z
  • Regulation X
  • Regulation E
  • Regulation F
  • 10-Question Practice Quiz

Price - $199.99 Sale - $99.99

Borrower Protection Acts - "A Complete Overview"

This class is provided by CampusMortgage®. The Borrower Protection Acts - "A Complete Overview" course will teach you the duties and fiduciary responsibilities of the mortgage broker and lender in protecting the borrower. Whether new or seasoned to mortgage lending, this course provides an overview of how each act manages the relationship between the mortgage originator and the borrower from application through closing of a mortgage transaction. 

COURSE OUTLINE:

  • Borrower's Protection Defined
  • What is HOEPA?
  • PMI and Homeowners Protection Act
  • BSA and AML
  • Who are You? (USA Patriot Act)
  • Gramm-Leach Bliley Act
  • FCRA Compliance
  • Get Your FACT Act
  • ECOA – Discrimination is Not Allowed
  • Let’s Be Fair! (Fair Lending Laws) 
  • 10-Question Practice Quiz

Price - $199.00 Sale - $99.00

Case File Underwriting Review - "FHA/VA Loans"

This class is provided by CampusMortgage®. This course has been designed to instruct underwriters on how to proceed with a mortgage underwriting case file review of an FHA file.  As a “how-to” course, the underwriter will be trained on how to complete an underwriting review on a fully processed FHA case including how to review the credit report, income documentation, asset documentation, contract of sale, and appraisal report. Additionally, the required disclosure and compliance review will be discussed. Underwriters will also be trained to recognize certain file triggers/red flags and will know when to ask for further documentation that has not been addressed by the AUS.   

COURSE OUTLINE:

  • Underwriting an FHA and VA Loan
  • Disclosures
  • Credit
  • Income
  • Assets
  • Purchase Contract
  • FHA Requirements
  • VA Requirements
  • AUS
  • Manual Underwriting Components
  • Appraisals
  • FHA Resources
  • VA Resources
  • Practice Quiz

Price - $395.00

Dodd-Frank Reform Act - "Complete Overview"

This class is provided by CampusMortgage®.

COURSE DESCRIPTION: 

 

The Dodd–Frank Wall Street Reform and Consumer Protection Act is a United States federal law that was enacted on July 21, 2010. The law overhauled financial regulation in the aftermath of the Great Recession, and it made changes affecting all federal financial regulatory agencies and almost every part of the nation's financial services industry. You'll learn everything from A to Z, so you can be fully prepared to stay compliant. 

 

COURSE OUTLINE:

  • Brief Overview of Dodd Frank-Then and Now
  • Overview of Recent Changes to Dodd Frank
  • Discuss the Qualified Mortgage (ATR)
  • Understanding the Impact of Appraisals in Rural Areas
  • Discuss the New Deduction for Appraisals
  • The Home Mortgage Disclosure
  • Non-primary Residences for Credit Unions
  • Mortgage Loan Originator Licensing and Registration
  • Impact on Manufactured Home Retailers
  • New Escrow Requirements
  • New TILA Waiting Period Requirements
  • Consumer Protections Overview
  • Veterans & Servicemember Protections
  • Ginnie Mae - VA Refinance changes
  • Reform to PACE Loans
  • Student Loans
  • FNMA and FHLMC Credit Changes
  • 10-Question Practice Quiz

**Note: The course outline above may not be 100% accurate as we change curriculum periodically throughout the year. We also reserve the right to change course curriculum and/or discontinue this course at any time.

Price - $199.00 Sale - $99.00

Due Diligence - "Learn Manual Underwriting"

This class is provided by CampusMortgage®. This 3-hour online training webinar explores the world of manual underwriting. This class offers critical knowledge for difficult credit, income, asset, and appraisal analysis topics. Students will benefit from practical applications of concepts as we review red flag examples. Join us to gain the knowledge you need to successfully package challenging loan scenarios.

COURSE OUTLINE:

  • Due Diligence Defined
  • Automated Underwriting
  • Manual Underwriting
  • Credit
  • Income
  • Assets
  • Appraisal
  • Identifying Red Flags
  • Avoiding Over-Analysis
  • Practice Quiz

Price - $495.00 Sale - $395.00

Anti-Money Laundering Compliance - “Understanding the Laws”

This class is provided by CampusMortgage®. The Anti-Money Laundering Compliance - “Understanding the Laws” course will teach students what money laundering is and the laws that are in place to help identify and keep it from occurrring. Students will also learn reporting requirements to be compliant. 

COURSE OUTLINE:

  • Money Laundering Explained
  • Review of the Laws
  • Criminal Activity
  • Placement
  • Layering
  • Integration
  • Detecting Money Laundering
  • Reporting Requirements 
  • Practice Quiz

Price - $199.00 Sale - $99.00

CFPB Laws - "Preventing UDAAP & Other Violations"

This class is provided by CampusMortgage®. By design, the CFPB Laws - "Preventing UDAAP & Other Violations" course provides an understanding of why and how the CFPB was created in 2010 in response to the Great Recession. Processors, closers, underwriters and compliance professionals will gain essential and valuable information for how their daily functions are effected by the CFPB Laws. 

COURSE OUTLINE:

  • Why Create the CFPB?
  • CFPB’s Purpose
  • Regulations Covered by CFPB
  • TILA – Reg Z
  • RESPA – Reg X
  • HMDA – Reg C
  • S.A.F.E. Mortgage Licensing Act – Reg G
  • Dodd-Frank: What You Need to Know so the Consumer Knows
  • Applying the Rules to Every Loan
  • TRID and Full Disclosure 
  • 10-Question Practice Quiz

Price - $199.00 Sale - $99.00

Fair Lending and Equal Opportunity Laws - "Intensive Study"

This class is provided by CampusMortgage®. The Fair Lending and Equal Opportunity Laws - "Intensive Study" course will introduce the audience to various fair lending laws and regulations, including the Equal Credit Opportunity Act.  The course will explain the various laws and how they are applied in the mortgage industry.  We will identify the protected classes and requirements to stay in compliance.  This class will also identify consequences of being out of compliance and discuss the impacts to a business.  This course is intended for originators, processors, underwriters, and compliance specialists. 

COURSE OUTLINE:

  • Consumer Protection Background
  • Unfair, Deceptive or Abusive Act or Practices
  • Home Mortgage Disclosure Act Overview
  • Federal Housing Act
  • Equal Credit Opportunity Act
  • Overt Discrimination
  • Disparate Treatment
  • Disparate Impact
  • Consequences of Non-Compliance
  • In the News
  • Your Role in Fair Lending
  • 10-Question Practice Quiz

Price - $199.00 Sale - $99.00

Quality Control 101 - "QC For Conventional Loans"

This class is provided by CampusMortgage®. The course is an ideal fit for mortgage professionals wishing to enter the Quality Control area of mortgage lending, as it relates to Conventional mortgage loans. This 6-hour instructor-led online training course covers the basics and gives an overall understanding of what a Quality Control plan consists of. 

COURSE OUTLINE:

  • FNMA & FHLMC Overview
  • Prefunding Review
  • Post Closing Review
  • Record Retention
  • Audit
  • GSE Selection
  • Significant Defects
  • Mortgage Insurance
  • Remedies
  • Repurchase or Payment
  • Redflags
  • Practice Quiz

Price - $495.00 Sale - $395.00

Redesigned URLA (Form 1003) - "Complete Review"

Now is the time to get trained & ready for the new Redesigned URLA (1003 Form). The new URLA (1003 Form) has been redesigned to be more consumer friendly and create better efficiency. It has also been designed to separate the consumer and lending information for ease of review -- updated with the most current HMDA data collection fields as required by the CFPB. The new application is now in letter size; making loan files more streamlined, replacing the 20-year-old outdated form. 

Our training division, CampusMortgage, has put together an instructor-led class entitled: Redesigned URLA (Form 1003) - "Complete Review" (WEBINAR). This on-demand webinar will teach students everything from A to Z, with an in-depth review of each section of the application.

COURSE OUTLINE: 

  • URLA Implementation Timeline
  • Importance of a Complete URLA
  • Uniform Loan Application Dataset (ULAD) Review
  • Complete Review of Section 1 of the URLA
  • Complete Review of Section 2 of the URLA
  • Complete Review of Section 3 of the URLA
  • Complete Review of Section 4 of the URLA
  • Complete Review of Section 5 of the URLA
  • Complete Review of Section 6 of the URLA
  • Complete Review of Section 7 of the URLA
  • Complete Review of Section 8 of the URLA
  • 10-Question Practice Quiz

Price - $199.00 Sale - $99.00

Individual Compliance Course

Offered by MyMortgage Trainer (NMLS Provider 1400080). From the Federal Consumer Protection Act Laws to the CFPB, FTC, FinCEN and State governing bodies there are many regulatory hurdles you must master! Make sure your entire staff is covered and have us on your side in the face of an audit.

Price - Starting at $39.10 

Mortgage Compliance Courses

These courses are provided by MortgageEducation.com (NMLS Provider #1400051). Every mortgage loan originator is required to have yearly updated training and any CFPB or State Auditor can request proof that you have completed this training.   Purchase yearly training below to protect yourself in case you are audited.

Price - Starting at $19.00 

Reverse Mortgage Training - "Everything from A to Z" (Webinar)

CampusMortgage® has put together an instructor-led on-demand webinar entitled: Reverse Mortgage Training - "Everything from A to Z". The Reverse Mortgage industry is highly regulated by FHA which means comprehensive and accurate training is required to become an effective Reverse Mortgage Professional. Whether you're an MLO, Mortgage Broker, Mortgage Underwriter, Loan Processor, Servicing Specialist or QC Specialist, this course will teach you all the necessary steps needed to complete Reverse Mortgages.

COURSE OUTLINE:

  • Reverse Mortgage Explained
  • Borrower Eligibility
  • Financial Assessment
  • Principal Limits Defined
  • Counseling Requirements
  • Income Requirements
  • Credit Report/Credit Analysis
  • LESA/Compensating Factors
  • Mandatory Obligations vs Non-Mandatory Obligations
  • Documentation Requirements
  • Age of Documentation
  • Form 1009 & FHA Connection Review
  • Occupancy
  • Non-Borrowing Spouse (Eligible and Ineligible)
  • Use of POA or Guardian
  • Reverse Mortgage Loan Types
  • Appraisal
  • Eligible Property Types
  • Ineligible Property Types
  • Required Repairs to Property vs Repair Set Aside
  • Title
  • Lien Seasoning
  • Trusts (Revocable and Irrevocable)
  • Solar Panels
  • 10-Question Practice Quiz

Includes an additional class of your choosing!

FHA/VA Case Files Underwriting Review
Non-QM Underwriting - "Everything from A to Z"
Jumbo Loan Underwriting - "Everything from A to Z"
Multi-Family Underwriting & Processing - "FHA/VA Loans"
Multi-Family Underwriting & Processing - "Conventional Loans"
USDA Rural Housing Loan - "Quality, Process & Underwriting"

**Note: The course outline above may not be 100% accurate as we change curriculum periodically throughout the year. We also reserve the right to change course curriculum and/or discontinue this course at any time.

Price - $495.00   Sale - $395.00

TRID Compliance - “The Essentials”

This class is provided by CampusMortgage®. The TRID Compliance - “The Essentials” course will teach industry professionals how to implement and comply with the “Know Before You Owe” mortgage disclosures. Understand how to follow the new TILA-RESPA rule to accurately prepare and disclosure the new Loan Estimate and Closing Disclosure forms. 

COURSE OUTLINE:

  • Purpose of TRID
  • Closed-End Only
  • New Forms & Acronyms– LE & CD
  • More Information – Agent Information
  • Understanding the Loan Estimate
  • Understanding the Closing Disclosure
  • Timing is Everything
  • Fee Limitation
  • Limits on Closing Cost Increases
  • Re-disclosing 
  • 10-Question Practice Quiz

**Note: The course outline above may not be 100% accurate as we change curriculum periodically throughout the year. We also reserve the right to change course curriculum and/or discontinue this course at any time.

Price - $199.99  SALE $99.99

Compliance Course Bundle

This course is provided by Diehl Mortgage Training and Compliance (NMLS Provider 1400133). Interested in purchasing the full package of Compliance courses that Diehl offers? This package includes:

  • Bank Secrecy Act / Anti-Money Laundering (BSA/AML)
  • Fair Lending Part 1: Fair Housing Act
  • Fair Lending Part 2: ECOA, FCRA and HMDA
  • The FTC Red Flags of Identity Theft & Mortgage Fraud
  • Gramm Leach Bliley Act (GLB) and E-Sign Act
  • The Secure and Fair Enforcement for Mortgage Licensing Act (SAFE) Act and the Homeowner’s Protection Act (HPA)
  • TILA RESPA Integrated Disclosure Act (TRID or Know Before You Owe)
  • Truth in Lending Act (TILA) and the LO Comp Rule
  • Real Estate Settlement Procedures Act (RESPA)
  • Advertising under the TILA and The MAP Rule
  • Ability to Repay (ATR) and High Priced/High Cost Loans

Price - $299.00